• Loading stock data...
Saturday, September 7, 2024
Last Chance for Tuned In Tickets!

La Liga Expansion Plan Looks to Generate $3B in Revenue 

  • La Liga's new joint venture aims to grow its presence in the Middle East, North Africa, and the Indian subcontinent.
  • The 50-50 venture echoes a similar one in North America, launched in 2018.
La-Liga
La Liga

La Liga is seeking to replicate its success in North America in some of the most densely populated areas of the world.

The top-flight Spanish soccer league struck a 15-year agreement with Dubai-based esports and gaming company Galaxy Racer to grow the league’s presence and popularity in North Africa, the Middle East, and the Indian subcontinent.

  • La Liga expects the pact to bring in $2.97 billion in revenue over the life of the contract.
  • The 50-50 joint venture aims to grow La Liga’s popularity and engagement in the regions and will act as the league’s broadcast and media rights agency.
  • La Liga said the areas collectively have more than 1.3 billion people under 30 — a key target demographic for the league.

Sports streamer DAZN announced Tuesday that it secured exclusive broadcast rights for Spanish women’s soccer’s La Liga Profesional de Fútbol Femenino in a five-year deal beginning with 2022-23.

The North America Blueprint

In 2018, the league launched La Liga North America, a 50-50 joint venture with Relevent Sports Group.

Last year, the venture landed the league’s two largest international media deals: an eight-year, $1.4 billion deal for U.S. rights with ESPN and a $560 million deal of the same length for Mexican and Central American rights with Televisa’s Sky Sports.

Many leagues are “reaching a ceiling in their growth at the domestic level, on the revenue side, and definitely on the TV rights side,” La Liga North America CEO Boris Gartner told Front Office Sports.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Callaway Spins Topgolf Off Into Separate Business

The two golf companies are parting ways only four years after they agreed to merge.
Sponsored

Mastercard’s Foodies & Fairways: Where Golf Meets Gourmet at the TOUR Championship

This year’s TOUR Championship in Atlanta isn’t just about world-class golf—it’s also a celebration of local flavors.
Sponsored

The Future of Fan Experiences: Highlights from the 2024 AT&T Innovation Exchange

AT&T brought together top names in sports and technology. Read the full story.
Sponsored

How Allied Sports is Using Storytelling to Achieve the Promise of Sponsorship

Allied Sports is helping brands shift from sponsor to storyteller.
podcast thumbnail mobile
Front Office Sports Today

Drew Brees, Dexter Lawrence Talk NFL Changes

0:00

Featured Today

Northwestern’s Tiny Temporary Football Stadium Is Making Big Money

Despite 35,000 fewer fans in seats, Northwestern is bringing in more revenue.
Aug 25, 2024; Denver, Colorado, USA; Detailed view of a Denver Broncos snapping the football in the second half against the Arizona Cardinals at Empower Field at Mile High.
September 3, 2024

How NFL Streaming Will Work With Coverage Across Four Exclusive Platforms

Each week will feature at least one game exclusively on a streaming service.
Aug 25, 2024; Landover, Maryland, USA; A detailed view of New England Patriots footballs on the field before the game against the Washington Commanders at Commanders Field.
opinion
September 1, 2024

The NFL Let the Private Equity ‘Barbarians’ Through the Gate

Fans will barely see any change from the arrival of PE money.
PBR at Barclays Center in Brooklyn, New York
August 26, 2024

Pro Rodeo Is Pushing to Capitalize on America’s Western Culture Obsession

PBR hopes the cowboy-loving zeitgeist will propel explosive growth.

Amazon Nears Game-Changing Deal to Stream Bally Sports Content

The online retail and streaming giant nears a long-expected deal to stream most of Diamond Sports Group’s content.
August 29, 2024

Tom Brady’s Raiders Stake Bid Keeps Getting More Complicated

Las Vegas owner Mark Davis wants Brady on board.
September 3, 2024

$13M and Counting: Coach Prime Deal Still Boosting Blenders Eyewear

Deion Sanders has a sunglasses sponsorship with the company.
Sponsored

Untold Team

Behind each major athlete are those who contribute to their success. This is the Untold Team.
August 28, 2024

NFLPA Sues DraftKings for $65 Million Over NFT Deal

The NFLPA says DraftKings owes roughly $65 million for breaching their contract.
Rory McIlroy tees off during the second day of the FedEx St. Jude Championship at TPC Southwind in Memphis, Tenn., on Friday, August 16, 2024.
August 22, 2024

Rory McIlroy Part of Group Buying $250M Majority Stake In TickPick

The golfer’s Symphony Ventures is part of the landmark capital raise.
August 12, 2024

$2M Cash Injection Sends WNBA’s Worst Team to League-Leading Valuation

The WNBA’s worst team may be, at least temporarily, its most valuable.
August 7, 2024

Noah Lyles Eyes Historic Olympic ‘Double,’ Iconic Signature Shoe

Lyles is sponsored by Adidas, but has not mentioned them in any press conference.